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Bill > S175


US S175

US S175
A bill to rescind the unobligated balances of amounts appropriated for Internal Revenue Service enhancements and use such funding for an External Revenue Service.


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead

Introduced Session

119th Congress

Bill Summary

A bill to rescind the unobligated balances of amounts appropriated for Internal Revenue Service enhancements and use such funding for an External Revenue Service.

AI Summary

This bill proposes to rescind (cancel) all unobligated balances of funds that were originally appropriated for Internal Revenue Service (IRS) enhancements under section 10301 of the Inflation Reduction Act of 2022. The bill expressly states it is the sense of Congress that the rescinded funds should be used instead to establish and administer an "External Revenue Service," though the specific details or purpose of this new service are not defined in the provided text. By rescinding these funds, the bill effectively removes previously allocated resources from the IRS, potentially impacting the agency's planned improvements or expansions. The bill appears to be a legislative effort to redirect funding away from the existing IRS and toward a newly proposed entity, though the precise rationale or intended function of the "External Revenue Service" is not elaborated upon in the bill text.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Read twice and referred to the Committee on Finance. (on 01/21/2025)

bill text


bill summary

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